Archer Fund, the Innovative Private Mutual Fund, Announces a Generous Performance Fee Reduction
Archer Fund, one of the best-performing, privately-held mutual funds, is pleased to announce an important reduction of the performance fee to 9% for amounts $5,000-$25,000 and 7.5% for $25,000-$50,000 that will take effect on June 1, 2020. The fund is purely performance-based and does not charge any sale or redemption fees. Its managers get compensation only if they deliver great performance.
WILMINGTON, Del., May 11, 2020 (Newswire.com) - The mutual fund market is ever-evolving; in 2018, there were 9,599 mutual funds in the United States[1] while the total global net assets of mutual funds registered in the country amounted to approximately 21.29 trillion U.S. dollars in 2019.[2] Last year, 46.4% of the households in the United States owned mutual funds.[3]
In this flourishing market, Archer Fund represents a pioneer, client-centric, colleague-driven, community-focused, and culture-led mutual fund. It is one of the best-performing, privately-held mutual funds, with an average of 47% annual percentage yield (APY). With energy, high professionalism, and decades of combined experience, the executives of the fund develop a strategy aimed at delivering the highest level of service and first-class investment performance to help the clients realize their goals.
What also differentiates the firm is that they are purely performance-based. They do not charge sale or redemption fees, and their managers get compensation only if they deliver great results. As David Abelman, Chairman and CEO at Archer Fund, emphasizes, “Our firm is privately owned, and will remain, enabling us to focus on our clients’ goals at all times. Our executives get paid only upon positive performance.”
Now, Archer Fund is becoming even more appealing to potential investors as they are announcing a generous decrease in their performance fee: 1% for bracket 1, and 0.5% for bracket 2, which translates to a 9% fee for amounts $5,000-$25,000, and 7.5% for $25,000-$50,000. The reduction will take effect on June 1, 2020.
For further information and to become an Archer Fund investor, visit www.archerfund.com.
About
Archer Fund, based in Wilmington, USA, is one of the best-performing, privately-held mutual funds in the country. They focus on long-term investments in those businesses that they believe to be exceptional and will outperform their benchmarks. Led by a highly-skilled group of executives with a combined experience of many decades in this field, Archer Fund manages to reach an outstanding performance every year. www.archerfund.com
Media Contact:
Laura Burton
Phone: (888) 740-8210
Email: pr@archerfund.com
[1] Statista, “Number of mutual funds in the United States from 1997 to 2018” from https://www.statista.com/statistics/255590/number-of-mutual-fund-companies-in-the-united-states/
[2] Statista, “Total net assets of US-registered mutual funds worldwide from 1998 to 2019 (in trillion U.S. dollars)” from https://www.statista.com/statistics/255518/mutual-fund-assets-held-by-investment-companies-in-the-united-states/
[3] Statista, “Share of households owning mutual funds in the United States from 1980 to 2019” from https://www.statista.com/statistics/246224/mutual-funds-owned-by-american-households/
Source: Archer Fund